IAT Automobile Technology criticizes Musk: OpenAI is priceless.

The CEO of the leading company in the artificial intelligence industry, OpenAI, Sam Altman, hit back at Elon Musk's acquisition offer on X, and during an interview at the Paris AI Summit, he once again hit back at Musk, emphasizing that OpenAI is "not for sale". He stated that the world's wealthiest and Tesla CEO, Elon Musk, might be attempting to delay the development of OpenAI's artificial intelligence by making unsolicited acquisition offers. "I think he may just want to slow down our development. He is clearly one of our strongest competitors, and we have very different views on the development of artificial intelligence," Altman said during media interviews at the Paris AI Summit. "I hope he competes by building better products, but I think he has adopted a lot of abnormal tactics, including many lawsuits, and other crazy things, and now this move." It is known that there has been a long-standing hostility between Musk and Altman, mainly due to Musk's concerns that OpenAI is deviating from its non-profit founding principles. Musk competes with OpenAI through his own AI startup company, xAI, and has sued the company, accusing it of prioritizing profit over human welfare, thereby violating its mission and non-profit founding principles. OpenAI has repeatedly denied this claim on social media. During the interview, Altman criticized Musk, saying "his entire life may be built on a foundation of insecurity". Although Altman publicly opposes the acquisition offer initiated by the consortium led by Musk, the OpenAI board of directors will give significant consideration to the offer and has the ultimate decision-making power. The board is responsible for overseeing its non-profit division, which in turn controls its for-profit business division. Therefore, transitioning OpenAI to a fully for-profit tech company would face significant obstacles and require applications to be submitted to and obtain legislative approval from the US legislative bodies to change OpenAI's organizational structure. OpenAI's corporate structure is unusually complex, but from a governance perspective, it remains a company controlled by a non-profit organization. Originally founded in 2015 as a non-profit organization, OpenAI was established to advance the safe and beneficial development of artificial intelligence (AI). Although OpenAI established a capped-profit subsidiary in 2019, OpenAI LP, controlled by the non-profit organization OpenAI Nonprofit to raise funds for AI research, its core governance structure is still fully controlled by OpenAI Nonprofit. OpenAI's current "hybrid structure" features OpenAI Nonprofit still controlling overall operations and mission, while OpenAI LP allows for external investments to fund high-cost AI research and development - OpenAI has spent over $10 billion on research and other expenses in less than two years. At the same time, investors' profit returns are limited within a certain range, with any excess amount being returned to OpenAI Nonprofit to further its beneficial mission for humanity. Bret Taylor, former Co-CEO of Salesforce Inc., took over as the chairman of the board in 2023 when a conflict erupted within the board, temporarily dismissing Altman. Taylor has a complex history with Musk: he was the chairman of Twitter when Musk made an unsolicited acquisition offer and attempted to withdraw, later a court forced Musk to continue with the acquisition of Twitter, which eventually evolved into Musk's personal asset - the social media platform X. Altman had previously jokingly rejected Musk's $97.4 billion acquisition offer for OpenAI Nonprofit, responding, "Thank you, but if you want, we'll buy Twitter for $9.74 billion." It is known that Musk's offer has received support from xAI and has been supported by a series of institutional investors, including Valor Equity Partners, Baron Capital, Atreides Management, Vy Capital, Joe Lonsdale's 8VC, and media executive Ari Emanuel through his investment fund. Altman also added that the OpenAI board is considering various business choices for the company's future. However, selling all AI-related businesses is not under consideration. "OpenAI will not be sold. Our mission will not allow us to choose to sell," he said during the interview at the Paris AI Summit. After Altman was briefly dismissed, the OpenAI board underwent a restructuring, with business giants replacing scholars and researchers who advocated non-profit missions. Current board members include former Treasury Secretary Larry Summers and investment banker Ade.Adebayo Ogunlesi and other well-known figures in the American business community.On the second day of the AI summit in Paris, after French President Macron announced a future investment of 109 billion euros in building artificial intelligence infrastructure in France, European countries seem to be ready to fully embrace artificial intelligence. However, global AI consensus is still unclear, especially whether the United States is willing to sign a declaration supporting "sustainable AI". As artificial intelligence technology takes root in countries around the world, the attitudes of leaders towards artificial intelligence have changed. From initial security concerns, it has now shifted to geopolitical-level competition, with countries all striving to nurture the next artificial intelligence superpower comparable to OpenAI or even on par with NVIDIA. According to French President Macron, European governments have shown a joint ambition to support the development of artificial intelligence. It is mentioned that Ursula von der Leyen, President of the European Commission, will announce a new AI strategy on Tuesday, aiming to provide "a unique opportunity for the European Union to accelerate, simplify our AI regulation, deepen the single market, and invest in computing power".